Northern Data Group Updates 2025 Outlook Amid Technological Advancements

Frankfurt am Main – April 30, 2025 – Northern Data AG announced a new guidance framework targeting accelerated growth. The Group anticipates revenues between EUR 240 million and EUR 320 million and Adjusted EBITDA of EUR 80 million – EUR 130 million for FY 2025. Central to this outlook is Taiga Cloud, now with enhanced infrastructure to harness emerging AI market opportunities.

Taiga Cloud's recent technology upgrades enable more efficient customer service and broaden the client base, aligning with AI-first business trends. Early project outcomes are promising, suggesting robust future growth. Meanwhile, Ardent Data Centers advances its expansion, with a new Pittsburgh center expected online in June 2025. The divestiture process for Peak Mining continues as the Group seeks optimal shareholder value.

John Hoffman, COO, remarked on the strategic improvements aimed at better serving customers. Northern Data remains focused on capitalizing on its existing infrastructure without relying on future capital expenditures.